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Nudist Property Market Survives U.S. Housing Disaster, FT Says
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Brian

Posted: Aug 30, 2009

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http://www.bloomberg.com/apps/news?pid=20601103&sid=aNnQNddcbRGQ

Aug. 29 (Bloomberg) -- The U.S. naturist property market has survived the global recession because the majority of house- buyers in unclothed communities are older and don?t need mortgages, the Financial Times reported.

Naturism has grown to a $450 million industry from $400 million five years ago, primarily because of real estate values, the newspaper said, citing a spokeswoman for the American Association for Nude Recreation.

House prices in naturist communities haven?t dropped as much as those in the general market, the FT said, citing Marc Seligman, who manages a naturist real estate Web site.
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